658 Settlemyre Road, Morganton, NC28655

Descriptionof 658 Settlemyre Road, Morganton, NC 28655

A Duplex and 4 single wide mobile homes sitting on 1.97 acres with a 24x36 metal storage building. Bringing in gross income of $33,000 per year. Each tenant pays their own power bills. Units have range /oven, fridge, washer dryer connections. Park pays for water ($120 per month), trash removal, and electrical on storage building and street lights ($33 a month). Combined rents are $2750 per month. All units are on Drexel sewer and 5 units are on Town of Valdese water. One unit is on a shared well with the adjoining park.

Property Featuresof 658 Settlemyre Road, Morganton, NC 28655

HOME STYLEOther

TYPEOther

Year Built1961

Acres1.97

Features

Elementary school: Drexel/burton

Middle school: Heritage

High school: Jimmy C Draughn

Electric range

Refrigerator

Heat pump

Electric water heater

One car carport

Lot acreage is: 1.970

Level lot

Wood floors

Carpet

Crawlspace

Concrete driveway

Units in building(s): 6

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Mortgage Payment

$938 would be your approximate monthly principal and interest payment.

This payment is based on a 30-year loan at a fixed rate of 4.75 % with a down payment of $19,990.
Actual lender interest rates and loan programs may vary.

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